Posted 7/4/2018 11:30 (#6850144 - in reply to #6850086) Subject: RE: JP market structure
EC Nebraska
J P - 7/4/2018 11:02
Pitt - 7/4/2018 10:51
JP I disagree and that we have not seen the highs of this cycle yet. Beans would have to hit $24. and corn $10.-12.
Cool. Hope you are right. Be alot of happy farmers, but price is suggesting otherwise - to me anyway.
Take Care
If corn and beans make significant new highs anytime soon, it's gonna be the death of farmers in the U.S. You know what that would do to our cost structure and worldwide production. It'd bury the world in cheap grain.